Many luxury watches on the gray market are listed at prices 20 to 30% below the retail price. Most luxury products are sold either by the. Best online grey market watch dealers professional#Įven the popular Omega Speedmaster Professional Moonwatch is available for around 13% less than the manufacturer’s list price. If you buy luxury goods of any kind, youll notice that they tend to be sold only by a limited number of dealers. However, other rare timepieces are sold for more than three times the official retail price. ![]() The Gray Market: Not a Black-and-White Issue In this article, we’ll take a closer look at the gray market for luxury watches and how it works. Luxury watches traded on the gray market circumvent more traditional sales channels. Gray market watches are genuine watches from the original manufacturer. Most brands in the luxury goods sector seek to maintain as much control as possible over the distribution of their products. In the business of buying and selling authentic timepieces for the past 11 years, we offer you the most popular luxury watches with significant savings. How can I tell if a watch is gray market. ![]() They are an unauthorized source selling authentic watches that are legally sourced outside the distribution course agreed upon by the brand and authorized dealers. Wimaladharma & Sons is the most trusted name when it comes to watches and clocks of every description, specializing in Swiss, Japanese & designer timepieces. In the watch industry, manufacturers traditionally deliver their timepieces to licensed dealers and jewelers, so-called official retailers. So, gray market dealers include all the watch dealers and boutiques that are not accredited distributors of the watch brand they sell. In theory, these are the only parties permitted to sell the watches in their stores and online shops. These dealers are often required to accept large orders of watches including less popular models in a single shipment, meaning they often have to sit on excess inventory. Occasionally, they sell their extra inventory to other dealers, who don’t have a licensing agreement with the original watch manufacturer. These dealers, in turn, are able to sell the unworn watches at large discounts via their own sales channels, e.g., their own shops or online platforms like Chrono24. These so-called gray market dealers frequently source watches from abroad. Sun ray on luxury watches displayed in shop exposition This offers several advantages for example, particular models are less popular in certain locations and some countries have lower VAT, meaning it’s profitable to purchase a watch abroad and import it. ![]() There is also a relatively unregulated used watch gray market. In recent years, brands such as Audemars Piguet have been purchasing used watches, servicing them, and reselling them as certified pre-owned with a manufacturer’s warranty. The Gray Market is a market manipulating unique but still legal methods in distributing or selling the products. This is somewhat comparable to the used car market, where leading brands buy, service, and resell their own used cars. 536 Likes, 12 Comments - Roman Sharf CEO of Luxury Bazaar (romansharf) on Instagram: 'UNVEILING the REALITY of Life as a Grey Market Watch Dealer: It’s Not ALL. Best online grey market watch dealers professional#.
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